Aug 14, 2008
Story Timeline: 147 days
This Minnesota firm is cashing in on hot demand for inexpensive, secondhand IT equipment. Paste this link into your favorite RSS desktop reader Jennifer Larson has stacked used servers up to the rafters. (Fortune Small Business) -- Move faster and take more risks. Those are lessons that Vibrant Technologies CEO Jennifer Larson learned during the dotcom bust. So when she saw the beginnings of an economic slowdown last year, Larson was ready to pounce by acquiring new inventory for her company, which sells used IT equipment. The Minnetonka, Minn., firm earmarked $1 million for a buying spree, scooping up used routers and servers on the cheap as companies began downsizing and selling off unneeded equipment. Increasing her stockpile of goods from $3.5 million to $4.5 million leaves Larson prepared for the crush of IT brokers and...
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